While you can use 3ds Max standard lights with V-Ray, V-Ray includes a set of lights designed specifically for rendering with the V-Ray engine.V-Ray also provides two shadow options for
If you want to use the standard 3ds Max lights: Ray Traced shadows and Shadow Map shadows. These shadow types work similarly to their standard 3ds Max counterparts, but are optimized to work with V-Ray, you should use VRayShadow type in the Shadows section of the respective Standard light.
The V-Ray Light Meter utility helps evaluate the lighting in a scene so adjustments can be made to improve lighting.